Bitcoin Coin

[goaldigger]

What if bitcoin as cryptocurrency didnt work? Do you think this kind of currency would be better?

A dream of having a single currency to be used worldwide is what bitcoin is made to. A currency that doesnt need to be converted into different local currencies with different values. If crypto fails, this idea can be better. If we can produce a coin that doesnt need to be converted and can be acceptable worldwide then its like crypto and fiat fusion. What is the odds?

- Who country will produce this?
Since we have worldwide organizations, it can be decided that way. Maybe China since they are just against crypto and maybe they want it more. They are the most capable of production anyway.

- On what value it will be based on?
I dont know much about this one but if im correct, it will be also based on worldwide economic aspects. Since it has only one value worldwide.

- Isnt it effective since the value of money is different on all the countries?
I guess so. Economically speaking, it will take years of research for this kind of project to succeed. There are a hundreds of things that should be considered. If all nations will be equal, then i dont think there's a problem in this.

What do you think?

[CryptoBry]

One of the many things that bitcoin become very attractive to many people is that is it is in digital form...take that property away and you are just creating another fiat money not so dissimilar to what we already are using. In other words, there is no new innovation in there and would not make any sense (at least to me). In case bitcoin will eventually fail, the best alternative is to go back to gold -- real gold coins otherwise we just return to the normalcy. Plus you suggest the idea of involving China in making and managing the coins...that is blasphemy to say the least (lol). But I do appreciate the bitcoin image above though it is looking like a silver coin.

[passwordnow]

One world currency? we'll starting to be there at some point but you know that it's all about the government. Whatever they say, it's going to be the one that will be followed by the majority. China and US has trade war today so considering that if this will happen, it's unlikely. I don't think that we need one that will be produced by any country. We need a currency that everyone will agree to use it, I don't think that we'll find something else better than bitcoin.

[coin-investor]

I don't think it's going to happen, not every country are in favor of Chinese policy, I don't think the US and the European nation will favor China producing a world currency, nothing beats Bitcoin because it has no country of origin, it cannot be controlled by any nation any companies and it passes religion national and colour and philosophy.

[acroman08]

then it is just another currency but the difference is that it has BTC sign on it. besides the reason cryptocurrency became popular is because of the ways you can use it and the feature that comes with it
and it is controlled by any government.

[davis196]

What's that fake coin with the bitcoin logo on the image?
I've seen people selling this shit for $$$.
It has never been said by Satoshi that the ultimate goal of bitcoin is to become the one and only currency of the world.It's impossible to happen and even the bitcoin core users don't want it to happen.

[Coyster]

Bitcoin coin? That's more like fiat and not digital just like the bitcoin and other cryptocurrencies are.
There also cannot be a single currency that would be used world wide, nations differ and all have their distinct currencies, I do not forsee a time when the world would all use one currency, it's impossible.

And bitcoin as a digital currency hasn't and wouldn't fail, so I do not see the need for the suggestion, one that is practically not even feasible

[goaldigger]

What's that fake coin with the bitcoin logo on the image?
I've seen people selling this shit for $$$.
It has never been said by Satoshi that the ultimate goal of bitcoin is to become the one and only currency of the world.It's impossible to happen and even the bitcoin core users don't want it to happen.

Dont worry about the coin. Its just a commemorative coin i guess and sold as a souvineer, collections, toys or if you want to have that. That doesnt have any value and just a representation. Since if bitcoin does have a physical aspecta then people wouldnt be want it anymore because they will not become anonymous but one currency for the whole world ia better isnt it? No discrimination. All equal.

[Genemind]

Bitcoin is already enough. No coin could reach its achievements so another international coin wouldn't work if it will only begin and develop this time.
Bitcoin has been through a lot and is continuously developing so I don't think we still need another currency.

[Bezobraznike]

   The whole society is moving to digital monetary system and you seems have been stucked in the past by wishing to hold in a hand a physical coin of Bitcoin.
   And what is it "1 Bitcoin cent" at all?! Such thing doesn't exist, because of bitcoin consists from satoshies or mBTCs.
The coin from the picture is just someone's fraud.

[Kemarit]

Your question about who's going to produce is somewhat very confusing. Bitcoin is decentralised, meaning there is no authority whatsoever, so I doubt it will be successful. If in it's first year of existence and Bitcoin didn't survived, I think it will be replace by other crypto until we find someone that will take this cryptocurrency to the next level. Good thing that Bitcoin survived because it has became the torch bearer to say the least. And moving forward though, there's a lot of debate surrounding the whole single currency scenario, personally maybe in the next 50 years or so we will have a single denomination, but I don't think it will be Bitcoin though.

[stadus]

Bitcoin as an online currency is already enough, making a coin to circulate in the world can easily be imitated and we might see some fake coins in circulation since it's hard to verify it, and anyone can make it as we don't have a central bank to do that.

We cannot imitate the fiat system, we have our own unique way as crypto is decentralized and just an online currency.
With the blockchain, there is a trail in every transaction and its open to the public if anyone shared the address.
Physical coin, it's just impossible to track its movement and to verify the circulation in the market, that's the big difference.  

[Ailmand]

We don't need any coin inspired by Bitcoin. What we need is massive adaption so countries would notice and recognize the importance of the decentralized blockchain technology. Bitcoin has been playing a vital role in our society so I don't think any coin could replace it anymore.

[XinXan]

Its simply impossible as you said, what is the value coming from? How do you even start? Bitcoin is already accepted in many places and yet it still needs fiat pairs to work and I just dont see how will ever not need them

[Adriano2010]

Will not happen, i think bitcoin will be used as is now, and mostly we will have USD and EUR which will be used on most countries, and we will not have single currency.

[Ranly123]

What if bitcoin as cryptocurrency didnt work? Do you think this kind of currency would be better?

A dream of having a single currency to be used worldwide is what bitcoin is made to. A currency that doesnt need to be converted into different local currencies with different values. If crypto fails, this idea can be better. If we can produce a coin that doesnt need to be converted and can be acceptable worldwide then its like crypto and fiat fusion. What is the odds?

- Who country will produce this?
Since we have worldwide organizations, it can be decided that way. Maybe China since they are just against crypto and maybe they want it more. They are the most capable of production anyway.

- On what value it will be based on?
I dont know much about this one but if im correct, it will be also based on worldwide economic aspects. Since it has only one value worldwide.

- Isnt it effective since the value of money is different on all the countries?
I guess so. Economically speaking, it will take years of research for this kind of project to succeed. There are a hundreds of things that should be considered. If all nations will be equal, then i dont think there's a problem in this.

What do you think?

It would be best for Bitcoin to remain digital which is accessible by everyone. I don't want it to be a single worldwide currency because it would only make conflict unto who will control it or benefit from it's circulations.

[Dilerium90]

Now the whole world strives to internetize. There are more and more jobs that are related to the Internet and online learning. Accordingly, the digital currency is much more convenient than the paper one. Bitcoin should definitely remain a digital currency.

[Naida_BR]

Now that we have the notion and the initial start that Satoshi gave us, this technology can only go forward.
I don't think that Bitcoin is prone to fail. It will keeps evolving till it will become a perfect ecosystem that will make us add value in our real life.

[BitFinnese]

If this so called "one for all and all for one"  is true we could have been one country already.  But no, every country have the aim of dominating the world in any aspect especially in finance system.  So I guess, it is delusional to think that a world will use one currency.  Even if majority agree, there will always be an opposing sector and won't follow the majority.  So in reality, the whole world using one currency is an impossible dream.

[xvids]

I don't really think that it would happen I mean the single currency to used worldwide.
The government would not agree to it every country have their own currency for a reason.
But I like your commemorative coin I also have a physical Bitcoin coin and I want to create a customize coin where my BTC address is on that coin.